Common use of Rights of Trustee as Holder of Senior Indebtedness Clause in Contracts

Rights of Trustee as Holder of Senior Indebtedness. Preservation ---------------------------------------------------------------- of Trustee's Rights. ------------------- The Trustee in its individual capacity shall be entitled to all the rights set forth in this Article Fourteen with respect to any Senior ---------------- Indebtedness which may at any time be held by it, to the same extent as any other holder of Senior Indebtedness, and nothing in this Indenture shall deprive the Trustee of any of its rights as such holder. Nothing in this Article Fourteen shall apply to claims of, or payments ---------------- to, the Trustee under or pursuant to Section 6.07. ------------ -68-

Appears in 1 contract

Sources: Indenture (Tribune Co)

Rights of Trustee as Holder of Senior Indebtedness. Preservation ---------------------------------------------------------------- of Trustee's RightsPRESERVATION ------------------------------------------------------------------------------ OF TRUSTEE'S RIGHTS. ------------------- -------------------- The Trustee in its individual capacity shall be entitled to all the rights set forth in this Article Fourteen 11 with respect to any Senior ---------------- Indebtedness which may at any time be held by it, to the same extent as any other holder of Senior Indebtedness, and nothing in this Indenture shall deprive the Trustee of any of its rights as such holder. Nothing in this Article Fourteen 11 shall apply subordinate to Senior Indebtedness the claims of, or payments ---------------- to, the Trustee under or pursuant to Section 6.07. ------------ -68-7.7.

Appears in 1 contract

Sources: Indenture (Lomak Petroleum Inc)